A method of playing a dice game that uses a pair of identical die. The dice have a plurality of possible outcomes and the game establishes a payout multiplier for each possible outcome of the dice. A wager is established by a player on one of the outcomes. The player wager includes a wager amount and a selected wager outcome. The dice are rolled to establish a rolled outcome of the dice. The rolled outcome is compared to the selected wager outcome to identify matches of wagers to the rolled outcome. If a player has match, a payout is determined by a function of the product of the wager amount and the fractional payout multiplier associated with the rolled outcome of the dice.